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Why should the government pay interest to the Fed?

Since the money for the bail out isn't real money and the Fed is only printing it out of thin air, and our tax dollars are supposed to be used to pay back the loan? Our tax dollars are real money so why should our government have to pay interest on "air money" with real money. I say let's just pay the initial loan with no interest.

Update:

Wrong Mercer devil, the Fed is the super bank for the banks and itself. The government has no bank.

Update 2:

Zen, you and I may be next on their hit list!

Update 3:

Princess, Short of violent revolution, do you know this can be accomplished?

Update 4:

Yes, we buy the ink and paper and furnish the machinery. Can't forget that big machine and pay the electric bill.

Update 5:

Muffin man, This shouldn't make sense, I'm only an ol' Foolosifer..

There should be a loophole in the Federal Reserve Act, if it can be found, there may be a way. Let's hope some one is more intelligent than the system.

Update 6:

Wild man, the kite is flying high, is it not?

Update 7:

I have always understood how the government works and the banks aren't much different, and I also realize the Fed wants the entire world under it's massive thumb.

Update 8:

Tuff Girl, you are right on the ponzi!

Update 9:

And, We, the people are tired of bending over and grabbing our ankles, Right?

Update 10:

The trick with replacements that promise to do what is right , when they see all the side dishes, they switch sides and leave us hanging. We would have to have people that we could control, then we'd be as bad as the Fed.

Update 11:

I have a great idea for the enema. Hot coffee and battery acid.

Update 12:

Great link, Imback, This should be viewed by all who are with us and push our congress people to back it and get 'er done!

Update 13:

Sweetguy, As usual you are mimicking my thoughts exactly. I believe we have the start of a working force toward our goal. Shall we stand and be counted, and possibly taken to task by the fed and our possibly illegitimate government.

Update 14:

It is not the money that is an illusion but the need for money. We do not need the bangles and baubles of our hectic lives, but if not for them we would be little more than the cattle in the fields.

Update 15:

Vegas is a very good example of how our politicians operate. They play the odds and bet on the sure thing, the ignorance of the voter, who will be happy to win a dollar on the dime machine when they could have dropped a dollar and broke the bank.

Update 16:

Vegas is a very good example of how our politicians operate. They play the odds and bet on the sure thing, the ignorance of the voter, who will be happy to win a dollar on the dime machine when they could have dropped a dollar and broke the bank.

Update 17:

True it got worse after the crash of '29 but it gas been bad since Old Hickory left office. And you're right we need to take it to them.

Update 18:

At this time I would like to thank one of my friends on the resistnet, Missouri group for giving me the idea for this question. and urge all of my friends here to join a grass roots organization in the fight to stop the Federal reserve and bring our country back to the people. We can't stop them without numbers and those numbers are answering these questions with an affirmative answer. Yes, I'm on the soap box and pleading for all good Americans to fight the Fed! If we don't, we will be slaves within the next 20 years.

19 Answers

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  • Emma
    Lv 6
    1 decade ago
    Favorite Answer

    There shouldn't be interest. There's a major Mickey Mouse organization we have going on right now with the Fed. I'm not optimistic enough about this issue to get my hopes up but if a day ever came when all that was necessary is to just pay the original loan, I'll be the first to shout "hallelujah".

    And thank you, this is one of the only questions of the night that actually makes sense.

  • 1 decade ago

    The government ought not to pay interest to the Fed, except they're all in on the take, so it's to their advantage. Obviously, and has been since the thirties. I'm with serenely, soMEone, except that I'm getting so disgusted by all of it, and so tired of the apathy of the American voter, that I'm beginning to think a strategically placed battalion with mac-10's and a couple thousand rounds might be a much better notion. That way, we wouldn't have to wait for 2010 to correct these problems.

    Seriously, folks. If you're not tired of bending over and spreading those cheeks, you need to take a closer look at the kind of representation you truly are getting for your votes. Then, join the revolution, just like the Declaration of Independence says,

    You go, sMEe!

    resistnet.com or http://wethepeopleusa.ning.com/?xgsi=1

  • Anonymous
    1 decade ago

    I agree with you, why not? But this is all part of us being led to accept the China government to own us by paying off our debt. So this is ordained and been in the works to make us so financially destitude. Afterall, if Obama really cared for us he wouldn't have spent so much on his inauguation and his own political race, and if he cared about the people he wouldn't have asked for donations from the hurting financially drained people. NO one cares in USA who is still sitting in a chair in the Senate and House. So frankly, I get to say this, "It's all over USA. You might as well decide now we are going to be run and purchased by the Communists period, it has been in the works for a very long time.

    After Obama we will look back at Bush with a sigh and say, 'geez, what were we bitching about originally?"

    Every news media hype is to sidetrack us from the real problems.

    Notice the Gaza Strip war was around Obama problem with showing us his real birth certificate. No one has been putting that on the main media, cause he is a crook and no one wants to say that our USA President is a crook. So they keep the media off that, and focus it on something else, and if we said that we don't like Hamas but then our USA Council of Foreign Relations are backing them up with warheads and missiles and financial backing.. so what does that tell you, this is a drum up war to sidetrack the people from the real issues.

  • Anonymous
    1 decade ago

    All changed remember in the old time at bank they were looking for one cent error !

    Now all this numbers on papers are electronic money with out any warranty any origin and which is not according to hours of work.

    And some poeple get profit on this artificial money!!!!!!without any work

    They are behind a mirror and when they will have to pass again in the realty it will be harder than now.

    This is the main fact responsible for the crisis.

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  • Anonymous
    1 decade ago

    I love the term, "Massive Thumb" and, once the Fed's Dead, baby, we must properly honor its memory by affixing this name to it.

    As to how to end it, simple:

    The party/media machine has an Achilles Heel. While it can unleash heII on one office (president), doing so takes all its muscle. It can not possibly assail all 465 to 470 Lower House and Senate seats open in 2010.

    If we last two more years, we simply must prepare - beginning now! - to unseat as many of these incumbents as possible.

    So, everybody get ready. Find a school, church, club, co-op or whatever in each of the 435 districts, earn their attention, encourage them to select a capable, reliable person to run, have them sign a sworn affidavit to do whatever is necessary to end the fed once in office and vote them in in 2010!

    ...

  • 1 decade ago

    I am in agreement with you, "air debt" should be paid with "air dollars". Interest on the money the Federal Reserve creates and loans to our government should not be charged period. This interest money should not be paid with our tax dollars. But since the Federal Reserve sets all of the rules that our monetary system runs on, and since our government has no regulatory agencies that can have any oversight, investigative or auditing powers into the workings of the Federal Reserve, and our Congress doesn't have the testicular fortitude to tell the Federal Reserve which is a private banking cartel what to do like they will do with any other private business. We the people are stuck with a fictional "air" debt that has to be paid with real tax dollars from you hard working squeamish sheeple.

    Until our entire nation stands up as a nation, and creates it own strong force and gets the backbone not only to challenge our government, but to also challenge the Federal Reserve System, and bring this system down to its knees, we will be stuck paying the "air" bills with real tax dollars.

    Our Congress put the Federal Reserve in place in 1913, by secret and covert means, and it will be up to the people of this nation all acting as one large force, to bring down not only our government but the Federal Reserve System as well. Sooner or later the people will be pushed beyond the breaking point, and they will come up fighting as one strong force uniting all of us by the same economic conditions of families starving, no money for food, medicine,housing, clothing, or any of the essentials basics of life.

    The people will come out fighting mad and God help and Government or Bureaucratic Agency or Department who gets in their way, because as far as the people are concerned they will be fighting for their very servival, and the people will prevail,be victorious and tiumphant. It might take time, but we the people will win.

    On a side note I was especially impressed with your last paragraph (serenely soMEone). That is the same message I have been trying to express to everybody not only on here, but on every website I make a comment on. I am always suggesting to everybody all accross our nation to vote out all of the incumbents that refuse to do what the people of this nation paid them to do. I have asked that the people vote in only people that will follow and abide by our Constitution and make it a crime punishible by life in prison for any Representative to try to circumvent the law of our land, our Constitution.

    After all our Constitution was paid for by the blood and lives of our fore fathers, the very least we should do is respect the laws that they laid down for us to follow.

  • L.T.M.
    Lv 7
    1 decade ago

    I hear ya Brutha, we'd have a better chance of coming out ahead at a Vegas casino and at least we might get a few free drinks out of that deal.

    This is actually One issue where the left and the right could join forces. Ya know that old saying..The enemy of my enemy is my friend.

  • 1 decade ago

    To many people are to focused on the media....brainwashed by the elite. Until we can wake up the sheeple we are doomed. Ron Paul has a bill he is trying to get passed to abolish the fed, I think people that support him will be our best bet to accomplish ending the fed. I provided a link.

    Edit: Happy to hear you agree! http://www.campaignforliberty.com/index.php

  • Anonymous
    1 decade ago

    Sure.

    Why not?

    Look in the real world.

    Decode this lyrics " Say you say me"

    What if the state - the branch borrowed it from Head office?

    The Feds - the head office has to borrow it from the banks?

    If the state want to borrow and not paying it back in time?

    Who will want to do business with the branch?

    Luke 21.30-33

    What do you think?

    Source(s): decoded from the missing x-files.
  • 1 decade ago

    Forget Bernie Madoff.

    This is the biggest Ponzi scheme in the world.

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